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The Lorillard hogshead in 1789 featuring a Native American smoking Lorillard Snuff Mill, built 1840, photo 1936. The company was founded by Pierre Abraham Lorillard in 1760. In 1899, the American Tobacco Company organized a New Jersey corporation called the Continental Tobacco Company, which took a controlling interest in many small tobacco companies. [4]
Lorillard is considered by many to be one of the US' better tobacco companies. Indeed, unlike the situation at peers Altria and Reynolds American , the volume of cigarettes sold by Lorillard is ...
Pierre Abraham Lorillard (1742 – 1776) was a French-American tobacconist who founded the business which developed into the Lorillard Tobacco Company, which claimed to be the oldest tobacco firm in the United States and in the world. [1] [2] His name is also sometimes given as Peter Abraham Lorillard, [3] Peter Lorillard and Pierre Lorillard I.
The tobacco industry continues to be under pressure, with most companies posting not-so-satisfactory results. However, Lorillard reported exceedingly healthy results in its recent quarter.
What: Shares of cigarette maker Lorillard (NYS: LO) Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they ...
The Tobacco Master Settlement Agreement (MSA) was entered on November 23, 1998, originally between the four largest United States tobacco companies (Philip Morris Inc., R. J. Reynolds, Brown & Williamson and Lorillard – the "original participating manufacturers", referred to as the "Majors") and the attorneys general of 46 states.
The country's largest cigarette maker, Lorillard , announced that the board of directors authorized a new share repurchase program to buy back up to $500 million worth of stock over the course of ...
Cigarette maker Lorillard (NYS: LO) reported an 18% jump in its second-quarter earnings on the back of higher sales of its Newport and Maverick brands. However, the company warned that its third ...